Q1 2020 Earnings

Revenue

$4M-1.1% YoY

Gross Profit

$2M41.2% margin

Operating Income

-$354,000-9.0% margin

Net Income

-$241,000-6.2% margin

EPS (Diluted)

$-0.04

QoQ Revenue Growth

-31.4%

Operating Cash Flow

$897,000

Free Cash Flow

$787,000

Stock-Based Comp.

$31,000

Total Assets

$18M

Total Liabilities

$6M

Stockholders' Equity

$12M

Cash & Equivalents

$3M

Metric	Current	Year Ago	Change
Revenue	$4M	$4M	-1.1%
Gross Profit	$2M	$2M	-3.3%
Operating Income	-$354,000	-$300,613	-17.8%
Net Income	-$241,000	-$143,129	-68.4%

Verification and Certification Service Revenue

$3M88%

Software-Related Consulting Service Revenue

$241,0008%

Software License, Maintenance and Support Services Revenue

$143,0004%